How to Read the 3 Different Types of Stock Indices Charts
Indices Trade the 3 Different Types of Indices Charts
Indices Trade Live Indices Charts
There are 3 types of charts used in Indices: Line Charts, Bar Stock Indices Charts and Candlesticks Charts.
Line Stock Indices Charts - plots a continuous line connecting closing indices prices of a indices.
Indices Line Stock Indices Charts - What are the 3 Different Types of Indices Charts?
Bar Charts- displayed as sequence of OHCL bars. O-H-C-L represents OPEN HIGH LOW & CLOSE. The Opening stock indices price is displayed as a horizontal dash on left & closing stock indices price as a horizontal dash on right.
Indices Bar Stock Indices Charts - What are the 3 Different Types of Indices Charts?
Candle Stick Charts - these use the same stock indices price data as bar charts (open, high, low, and close). However, they are displayed in a much more visually identifiable way which looks like a candlestick with wicks on both its ends.
How to Interpret
The rectangle section is known as body.
The high and low are described as shadows & plotted as poking lines.
Candles Stock Indices Charts - What are the 3 Different Types of Indices Charts?
The color of the candlestick is either blue or red
- (Blue or Green Color) - Indices Prices moved up
- (Red Color) - Indices Prices moved down
Most indices trading platforms like the MetaTrader 4, use colors to mark the direction. Colors used are blue or green: when stock indices price moves up, red: when stock indices price moves down.
How Do I Read the 3 Different Types of Indices Charts
